Manager, Finance Services Lease Portfolio Management

Leading the future in luxury electric and mobility At Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence. Vehicles that are intuitive, liberating, and designed for the future of mobility.   We plan to lead in this new era of luxury electric by returning to the fundamentals of great design – where every decision we make is in service of the individual and environment. Because when you are no longer bound by convention, you are free to define your own experience.   Come work alongside some of the most accomplished minds in the industry. Beyond providing competitive salaries, we’re providing a community for innovators who want to make an immediate and significant impact. If you are driven to create a better, more sustainable future, then this is the right place for you.

In this role, you will manage the portfolio of Lucid Financial Service’s lease and fleet vehicles. You will have deep automotive financial services experience with a strong analytical skillset and expertise in market research, forecasting and process improvement.  
 

You Will:

• Build processes and improve efficiency and effectiveness related to Lucid’s lease portfolio management logistics 
• Support Remarketing functional activities in the following areas: 
  • Loyalty and retention strategy 
  • Wholesale channel partners 
  • Logistics 
  • Technology enhancements 
  • Used vehicle program development 
• Develop monthly, quarterly, and annual plans that align with sales plans & marketing strategy while maximizing our vehicle’s residual values 
• Drive loyalty campaigns in conjunction with bank partners and internal marketing organization to achieve target customer retention rates 
• Push innovation by exploring revolutionary products, solutions, and platforms to enhance operational efficiency, customer experience, and profitability 
• Establish the necessary KPIs to ensure profitability, efficiency, and alignment with captive arm 
• Prepare executive briefings including financial services remarketing operation updates, feedback, metrics, and market trends 
• Build and lead the Lease Portfolio management function supporting all global regions 
• Provide actionable insights and develop data-based strategies to strengthen the value of Lucid’s portfolio of leased vehicles across each market 
• Manage relationships with financial partners and other lease related partners  
• Establish credibility within Lucid as the go-to expert in Financial Services on the LFS lease portfolio of vehicles based on data-backed evaluations 
• Regularly engage with Lucid Financial Services Senior Management to provide inputs on strategies related to managing the LFS Portfolio, and the impact of this portfolio on Lucid Residual Values. Must be able to effectively communicate with senior            management, including leading discussions on the LFS Portfolio, and impact of market conditions on the valuation of these vehicles 
• Effectively collaborate with key cross functional stakeholders including Sales, Sales Remarketing (Pre-Owned Operations), Technology, Accounting, and lending partners to ensure frictionless processes 
• Build and maintain appropriate management reporting to ensure transparency regarding performance with a solid bias for decision making 

 

You Bring:

• 8+ years’ automotive and/or automotive financial services experience in Remarketing, Pre-Owned Sales Operations and/or Inventory Management 
• Experience in at least 3 or more of the following areas and working knowledge of the others: auto finance, remarketing, residual value risk, auction operations or loyalty and retention strategy 
• Excellent knowledge of Automotive Financial Services products, including automotive leasing 
• Experience with PowerPoint and Excel 
• Experience in people management is desirable including hiring